FirstEnergy posts 2023 operating EPS $2.56 above guidance; launches $26B Energize365 plan

FIRSTENERGY CORP

2023-FY EPS reported $1.92 revenue$12,870,000,000

Full year 2023 operating EPS $2.56, above guidance midpoint; GAAP EPS $1.96 on revenue $12.9B.
Q4 operating EPS $0.62, above guidance midpoint; GAAP EPS $0.30 on revenue $3.2B.
2024 operating guidance: $2.61-$2.81 per share; Q1 guide $0.48-$0.58.
Announces Energize365: $26B capital plan 2024-2028, targeting 6-8% long-term EPS growth.
Capital investment in 2023 totaled $3.7B, surpassing original plan by $300M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FIRSTENERGY CORP updated its the three months and full year ended December 31, 2023 guidance (reaffirmed).

Period: the three months and full year ended December 31, 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On February 8, 2024, FirstEnergy Corp. (“FirstEnergy” or the “Company”) issued a press release (the “Release”) announcing its financial results for the three months and full year ended December 31, 2023 and providing earnings guidance for the three months ended March 31, 2024 and full year ended December 31, 2024.

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FIRSTENERGY CORP filing history →

Source: SEC EDGAR

accession 0001031296-24-000005

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